The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
SM Prime Holdings Inc., the listed property arm of the SM Group, has appointed former Supreme Court Senior Associate Justice Estela M. Perlas-Bernabe as an independent board director, strengthening its commitment to corporate governance and prudent risk oversight.
The Philippines and Australia kicked off Exercise Alon 25 today, the largest overseas military exercise for Australia in 2025, reinforcing deepening defence ties and regional security cooperation.
Fintech leader Maya announced it will disable access to gaming sites and apps via its Games feature starting August 16 at 8:00 PM, in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP). The move reflects Maya’s firm commitment to corporate responsibility and regulatory alignment.
Leading digital bank Maya has partnered with the Philippine Sports Commission (PSC) in a strategic initiative to modernize the country’s sports ecosystem through digital innovation and financial empowerment.